Bridgewater Advisors Inc. Lowers Stock Position in Dimensional International High Profitability ETF $DIHP

Bridgewater Advisors Inc. lessened its holdings in shares of Dimensional International High Profitability ETF (BATS:DIHP) by 12.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 675,038 shares of the company’s stock after selling 96,559 shares during the period. Dimensional International High Profitability ETF accounts for approximately 1.4% of Bridgewater Advisors Inc.’s holdings, making the stock its 17th biggest position. Bridgewater Advisors Inc. owned 0.48% of Dimensional International High Profitability ETF worth $20,582,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Savant Capital LLC grew its holdings in Dimensional International High Profitability ETF by 6.2% in the third quarter. Savant Capital LLC now owns 25,430,962 shares of the company’s stock worth $772,974,000 after purchasing an additional 1,494,625 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Dimensional International High Profitability ETF by 11.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 25,252,358 shares of the company’s stock worth $744,692,000 after purchasing an additional 2,646,865 shares in the last quarter. Forum Financial Management LP grew its stake in shares of Dimensional International High Profitability ETF by 3.7% in the 3rd quarter. Forum Financial Management LP now owns 6,218,768 shares of the company’s stock worth $189,019,000 after buying an additional 221,807 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of Dimensional International High Profitability ETF by 11.3% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 4,879,012 shares of the company’s stock worth $148,298,000 after buying an additional 494,735 shares during the last quarter. Finally, Bank of Montreal Can increased its position in Dimensional International High Profitability ETF by 4.5% during the 2nd quarter. Bank of Montreal Can now owns 2,352,865 shares of the company’s stock valued at $69,386,000 after buying an additional 102,197 shares in the last quarter.

Dimensional International High Profitability ETF Trading Down 0.1%

Shares of BATS:DIHP opened at $34.57 on Friday. The stock has a fifty day simple moving average of $32.83 and a two-hundred day simple moving average of $31.31. Dimensional International High Profitability ETF has a 12-month low of $24.00 and a 12-month high of $34.76. The stock has a market capitalization of $4.86 billion, a price-to-earnings ratio of 17.57 and a beta of 0.90.

Dimensional International High Profitability ETF Profile

The Dimensional International High Profitability ETF (DIHP) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in a broad and diverse group of non-US large-cap stocks from developed markets, actively selected based on perceived higher profitability relative to other large-cap companies in the same countries or region. DIHP was launched on Mar 23, 2022 and is managed by Dimensional.